Treasury Laws Amendment (2023 Measures No. 1) Act 2023 (101 of 2023)
Schedule 4 Off-market share buy-backs
Part 1 Off-market share buy-backs
Division 1 Main amendments
Income Tax Assessment Act 1997
6 Subsection 205-30(1) (cell at table item 9, column headed "If:")
Repeal the cell, substitute:
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(a) the entity purchases a *membership interest in itself; and (b) the purchase is an *on-market buy-back; and (c) the entity is a company |